Seeking Alpha

Hard-luck wind turbine component maker American Superconductor (AMSC +11.3%) was a big winner...

Hard-luck wind turbine component maker American Superconductor (AMSC +11.3%) was a big winner today, taking off after reporting FQ2 revenue of $20.8M (-78.8% Y/Y) and EPS of -$0.44, beating consensus by $2.3M and $0.12. While guiding for Q3 revenue of just $15M ($22.5M consensus), AMSC, whose backlog grew 30% Q/Q in Q2, expects Q4 revenue to "roughly double" from Q3 levels.
Comments (1)
  • If the Directors and Insiders are buying at this level, I would like to follow them. It should shake away the bad stories with the Chinese manufacturer at this point.
    10 Nov 2011, 09:43 AM Reply Like
DJIA (DIA) S&P 500 (SPY)